Auctions
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Description
An Online Auction is web page setup to allow its clients to purchase and offer their own particular merchandise to different clients on the Internet. Auctions have turned into a most visited web pages on the Internet. Various auction sites provide users with platforms powered by different types of auction software. An online auction is also known as a virtual auction. It’s a method of purchasing/selling merchandises by offering a bid or accepting a bid and then trading the merchandise to the highest bidder in return for money. There are diverse forms of auctions that take their individual precise assets such as pricing accuracy, amount of time required to prepare and lead the auction. Popular examples of online auctions are eBay, amazon, gum tree, ebid etc. |
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Non-internet alternatives
A non internet alternative to online auctions would be auction houses where people would have to travel or get, to sell their properties to other bidders. It is a place where other people can out bid you on a certain property just like in online auctions, so you would need to be very clever about bidding. Target audience You need to be a certain age group for online auctions. The target audience for online auctions is 18 and over because they make wise choices when dealing with bidding, they would use online auction such as eBay to get things cheaper from their than going to a store where they charge extra and unlike children who are unsuitable and not the right age who would bid anything to get that item but talking realistic they are unlikely to use it as they would require a credit card to sign up and make purchase. People over 18 would use online auctions because they find it cheaper and it relieves them because they wouldn't have to go out and shop just sitting at home. Also they might use it to get some of their old or new properties sold online. |
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